Midwest Heritage Bank FSB Has $6.61 Million Holdings in Capital Group Conservative Equity ETF $CGCV

Midwest Heritage Bank FSB boosted its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 54.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 221,670 shares of the company’s stock after acquiring an additional 78,458 shares during the quarter. Capital Group Conservative Equity ETF accounts for about 2.1% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 14th largest holding. Midwest Heritage Bank FSB owned 0.45% of Capital Group Conservative Equity ETF worth $6,608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of CGCV. Comerica Bank increased its holdings in shares of Capital Group Conservative Equity ETF by 156.4% in the 3rd quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after purchasing an additional 552 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Capital Group Conservative Equity ETF during the fourth quarter worth approximately $28,000. Sunbelt Securities Inc. purchased a new position in Capital Group Conservative Equity ETF during the third quarter valued at approximately $30,000. EverSource Wealth Advisors LLC purchased a new position in Capital Group Conservative Equity ETF during the third quarter valued at approximately $38,000. Finally, NewEdge Advisors LLC purchased a new position in Capital Group Conservative Equity ETF during the first quarter valued at approximately $42,000.

Capital Group Conservative Equity ETF Stock Performance

Capital Group Conservative Equity ETF stock opened at $32.30 on Friday. The firm has a market cap of $1.68 billion, a PE ratio of 23.69 and a beta of 0.67. The firm’s 50 day moving average price is $31.71 and its two-hundred day moving average price is $31.13. Capital Group Conservative Equity ETF has a twelve month low of $27.86 and a twelve month high of $32.62.

About Capital Group Conservative Equity ETF

The Capital Group Conservative Equity ETF (CGCV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns through investments in North American companies. CGCV was launched on Jun 25, 2024 and is issued by Capital Group.